Treasury Secretary Timothy Geithner threw water on one of GOP presidential hopeful Mitt Romney's claims about the economy and women, saying Sunday that it is "ridiculous" to imply the president is to blame for high unemployment among women. Read More...

The United States will hold the dubious distinction starting on Sunday of having the developed world's highest corporate tax rate after Japan's drops to 38.01 percent, setting the stage for much political posturing but probably little tax reform.

Japan and the United States have been tied for the top combined, statutory corporate rate, with levies of 39.5 percent and 39.2 percent, respectively. These rates include central government, regional and local taxes. Read More...

When it comes to making the markets feel confident in banks, Ben Bernanke is a Jedi master. On Wednesday the Fed chairman, who shares facial-hair characteristics with Obi-Wan Kenobi, told Congress that U.S. banks were not the zombie banks we were looking for. To use another metaphor, America's banking sector is no longer a rickety haunted house of hidden financial disasters waiting to scare us all to death, as it was before the financial crisis, Bernanke told a congressional panel investigating Europe's debt crisis. Read More...

Americans love to laugh at ridiculous regulations. A Florida law requires vending-machine labels to urge the public to file a report if the label is not there. The Federal Railroad Administration insists that all trains must be painted with an “F” at the front, so you can tell which end is which. Bureaucratic busybodies in Bethesda, Maryland, have shut down children’s lemonade stands because the enterprising young moppets did not have trading licences. The list goes hilariously on. Read More...

The Labor Department said Friday that January unemployment fell to 8.3 percent as employers added 243,000 jobs, a sign that the economy is at long last settling into a stronger recovery. Economists had expected the unemployment rate to tick up slightly to 8.6 percent and jobs would rise by 155,000. The fifth straight monthly decline for unemployment caused a surge in stocks, with the Nasdaq index at an 11-year high and the Dow Jones Industrial Average approaching its highest level since May 2008. Read More...

Ask most investors what they worry about, and they'll tell you it's inflation — specifically, a period of soaring prices that destroys the value of the dollar. But a growing number of economists and money managers are starting to worry about the opposite of inflation: deflation, a period of falling prices and declining incomes. Sure, the government's consumer price index has gained 3.5% the past 12 months. Even stripping out food and energy, the CPI is up 2.1%, the Bureau of Labor Statistics says. And anyone who lives in the real world knows you can't live without food and energy. Read More...

Anthony Eskinazi, CEO and founder of ParkatmyHouse.com wants to bring convenience to drivers and dollars to driveway owners across America. More than 150,000 people in the U.K. have earned more than $5 million from the site, Eskinazi said. Its marketplace is supposed to allow anyone with an address or geographic point with a latitude and longitude to list their parking space, whether in Antarctica, Australia or Africa. Read More...

Unemployment is higher than it's been going into any election year since World War II. But history shows that won't necessarily stop President Barack Obama from reclaiming the White House. In a presidential election year, the unemployment trend can be more important to an incumbent's chances than the unemployment rate. Read More...